19.12.14

Dollar Continues its Accendancy

• Retail sales bolster Sterling
• Francois Hollande wants to see a weaker euro
• 12% gains seen for the dollar
• Oil prices steady

Categories: commodities.

18.12.14

Dollar gauge at five-year high after Fed meeting.

• Sterling climbs against euro after UK data
• ECB to publish accounts of monetary policy discussions from January
• Fed vows patience on rates
• SNB starts negative interest rate of 0.25%

Categories: Market Commentary.

16.12.14

Sterling slips as investors bet Fed to hike rates before BoE.

• Data also shows UK house prices post biggest monthly fall on record
• Euro-zone fails to rebalance and cut debts
• Dollar up against euro ahead of Fed
• Rouble up 9 percent as central bank raises rates

Categories: Market Commentary.

15.12.14

A Tad Choppy

• Growing Evidence of UK economic Growth “Moderating.”
• Italy’s economy minister expects Draghi to Print.
• A Big Victory for Abe.

Categories: commodities.

12.12.14

Upbeat US Retail Data Buoys Greenback.

• BoE tries to reduce volatility by altering MPC meeting releases.
• ECB’s balance sheet still needs expanding.
•Sliding oil prices force Norway and Russia to act.

Categories: commodities.

11.12.14

Sterling inches lower against euro after Carney comments.

• BoE’s Carney says rates will rise despite inflation dip
• Euro-zone banks seen having €1.28 trillion for building loans
• Dollar weakens on Dow and oil price decline
• Yen post biggest three day gain in 18 months

Categories: Market Commentary.

09.12.14

U.S. Dollar Slips Versus Majors as Investors Book Profits

Sterling mixed as cable rallies but GBP/EUR slips
Euro recovers slightly but prospect of QE early next year remains
Dollar sheds 1.5% vs Yen, 1% vs Euro and 0.8% vs sterling
Safe haven buying pushes yen higher against U.S currency

Categories: Market Commentary.

08.12.14

BoE looks beyond rate guidance in bank stress test.

• BOE Comfortable with household’s ability to weather rate rise
• Germans resist ECB money-printing move, but Draghi gets key support
• Dollar gauge at 5-year high
• China’s yuan declines on slowest export growth in seven months

Categories: Market Commentary.

05.12.14

U.S. Dollar Gaines for 7th Week Ahead of Key Jobs Report

BoE leaves interest rates unchanged at 0.5% as expected
Euro recovers after rivalries appear in ECB with regards to QE
Greenback gained at least 3.8% versus all 16 major peers in last 3 months
Asian currencies head for 6th weekly weekly drop hurt by rallying buck

Categories: Market Commentary.

04.12.14

Euro Hits Two Year Low Against Greenback.

• Markets react favourably to UK Autumn Statement
• Euro hits 2 year low as all eyes are on the ECB
• Dollar is the King
• Further pain for Russia

Categories: Market Commentary.